Posted on 11/22/2018 3:32:33 PM PST by artichokegrower
California raised more than $800 million from selling permits to release greenhouse gases in the latest quarterly auction.
Auction results released Wednesday show all available permits were sold through California’s cap-and-trade program. The program requires polluters to obtain permits for each ton of carbon they release.
(Excerpt) Read more at sacramento.cbslocal.com ...
You mean these people were dumb enough to pay it?
Algore probably involved in this scam
Just another tax that will be passed on to guess who ,LOL
Better charge all those fire victims, for all the pollution their burnt stuff produced.
How many carbon credits did California use up in the recent fires (that their stupidity was responsible for).
So paying a tax makes it OK to pollute?
Al Gore’s dream is coming true.
The carbon credit scam is finally coming to fruition.
Putting another massive tax on business. Great job California! What could go wrong?
Bookmark.
Only for a short while, for government to grab revenues. THEN it will be bad... unfair... racist even... because the bigger companies can afford more than the smaller ones.
All proceeds to go to illegal alien services and a train to nowhere.
So are they actually going to use that money to decrease green house emissions or spend it on pet projects like the bullet train and supporting illegal aliens?
Good Lord When Cox ran what did he campaign on ? Did he bring up stuff like this ?
more money to waste for the ridiculous “bullet train to nowhere”:
12 Mar: CNBC: California’s $77 billion ‘bullet train to nowhere’ faces a murky future as political opposition ramps up
A business plan shows the project’s baseline cost is $77 billion, up 20 percent from two years ago. Its opening date has been delayed four years, too.
by Jeff Daniels
Although it has been dubbed a “bullet train to nowhere,” California Gov. Jerry Brown has pushed forward over the years with the state’s high-speed rail project. But now the day of reckoning may come sooner than expected for the state’s most expensive infrastructure project...
Last summer, the state legislature voted to extend California’s cap-and-trade program through 2030, but critics say revenue from the greenhouse gas-emissions reduction program still won’t be enough to fund the high-speed rail project...
Coupal said the private-sector money “isn’t there since no sane investor would ever put money into this thing, and the federal government cut off the spigot a long time ago. So Governor Brown is relying on the cap-and-trade revenue, although that isn’t generating enough revenue to keep this thing going.”...
https://www.cnbc.com/2018/03/12/californias-77-billion-high-speed-rail-project-is-in-trouble.html
And people make fun and ridicule the Catholic Church for selling indulgences (permission) to sin in the middle ages.
Anybody see a difference?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.